REBusiness Online Kore LLC has borrowed $49.5 million of Fannie Mae financing against the Palmilla Apartments, a 240-unit property in Pensacola, Fla. Walker & Dunlop arranged the fixed-rate loan, which has a five-year term. Proceeds will be used to retire construction debt as well as bring the property to stabilization. The Palmilla, at 51 South […]
The post Owner of Pensacola, Fla., Apartments Borrows $49.5Mln Fannie Loan appeared first on Commercial Real Estate Direct.
Leave A Comment